Port Processing Accounting Team - Analyst

Glovis•Irvine, CA

1d•Onsite

About The Position

This position is responsible for maintaining accurate accounting of Revenue and Cost of Port Processing Business, analyzing financial activities and profitability, and reporting the findings to management.

Requirements

Excellent verbal and written communication skills Required
Problem solving and communication skills Required
High level of interpersonal skills Required
Proficient PC skills: Word, Excel, PowerPoint, Outlook, database management systems Required
Strong Accounting knowledge/background/experience Required
Bachelors Degree Required
1-2 Years of Direct Experience in Accounting or Finance Required

Nice To Haves

Proficient PC skills: SAP, Power BI, or other visualization tools Preferred
CPA Preferred

Responsibilities

Daily Invoice Review, Routine Verification, and Red Folder analysis: Perform daily verification of document (System/Manual invoices) transmitted to SAP by Operation departments. Perform routine verification of customer / vendor rates for its accuracy compared to contracts.
Revenue & Cost analysis, Contract review, and Feasibility analysis: Responsible for understanding the specific changes that are going to be made with our Customer or Vendors, whether it is a rate increase/decrease, establishing a new rate opening/closing a port, changing billing method, modifying the way in which the vehicles are processed or delivered, etc. and providing accounting Manager, Controller, and Operations of financial concerns or findings.
Month-End Closing: Analyze detailed service completion data from various operational systems (ITMS, Portal, iVELES) to determine "SB (Should-be)" revenue and cost according to accrual base by cut-off day. Identify any unbilled revenue and cost by analyzing operational systems, and prepare accruals by service month, ensuring accuracy and compliance with accounting standards. Follow up with reconciling accrued revenue and costs with actual invoices posted. Conduct analysis of periodical trends including Year-over-Year (YoY), Quarter-over-Quarter (QoQ), and Month-To-Month (MTM) comparisons to identify patterns and report to the finance management. Simulate revenue, direct margin, and perform P&L analysis before finalizing financial books. Perform preliminary closing procedures to identify unbilled revenue also reconcile discrepancies as necessary.

Benefits

Medical Insurance
Vision Insurance
Dental Insurance
Health Care & Dependent Care Flexible Spending Accounts (FSA)
Basic Life and AD&D as well as Short-Term & Long-Term Disability
Paid Vacation, Holidays, and Sick leave
Pet Insurance
Hospital and Critical Illness Insurance
Wellness Program and Gym Reimbursement
401(k) with Generous Matching
Referral Bonuses
Auto Allowance
Quarterly Employee Lunches, Summer Refreshments, and Monthly Team Building Activities
Discretionary Bonuses
Tuition Reimbursement